DBN Seeks More Women Entrepreneurs to Cut Unemployment in Nigeria

By Bliss Okperan The Governor of Ogun State, Mr Dapo Abiodun, has asked Nigerians to give President Bola Tinubu more time, saying he has performed well in office since taking over on May 29, 2023, noting that he inherited an almost comatose economy from former President Muhammadu Buhari. “The President Tinubu-led administration has been very bold and audacious. They’ve taken the bull by the horns. They’ve done what no government has done in the history of Nigeria,” Mr Abiodun said during an interview on Channels Television’s Sunday Politics show. Recall that a few days ago on Channels TV, the Governor

By Dipo Olowookere President Bola Tinubu has arrived at the National Assembly to present the 2024 Appropriation Bill to the federal lawmakers. The President got to the parliament at about a few minutes past 11 am on Wednesday, November 29, 2023, and was accompanied by the Vice President, Mr Kashim Shettima; his Chief of Staff, Mr Femi Gbajabiamila; the National Chairman of the ruling All Progressives Congress (APC), Mr Abdullahi Gandoje; and the Secretary to the Government of the Federation (SGF), Mr George Akume; among others. He is expected to present the 2024 budget of N27.5 trillion to a joint

By Adedapo Adesanya A Federal Capital Territory High Court, Abuja, has adjourned an alleged procurement fraud case involving ex-Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, to January 18 and 19, 2024, for continuation of trial. Mr Emefiele is standing trial on a six-count amended charge on alleged procurement of vehicles to the tune of N1.6 billion. He had pleaded not guilty to the charges. He was granted bail on November 17, 2023, to the tune of N300 million, and two sureties and remanded at the Kuje Correctional Centre, pending when he meets his bail conditions. However,

By Adedapo Adesanya Nigeria will develop a new integrated national electricity policy and strategic implementation plan, as mandated by the Electricity Act 2023, according to the Minister of Power, Mr Adebayo Adelabu. President Bola Tinubu had on June 9 assented to the Electricity Bill, now an Act empowering states, companies and individuals to generate, transmit and distribute electricity. This, in turn, repealed the Electric Power Sector Reform Act (EPSR A), 2005 and create a comprehensive legal and institutional framework to guide the Nigerian Electricity Supply Industry (NESI). Mr Adelabu, while speaking on Monday at the Nigeria Electricity Management Services Agency

By Adedapo Adesanya Reigning English Premier League champions, Manchester City, announced their readiness to defend the title for the third straight season with the Community Shield penalty shoot-out win over Liverpool after a 1-1 draw at Wembley on Sunday. The Blue side of Manchester won the match over their closest rival to the title last season, Liverpool, after they beat the Merseyside team 5-4 on penalties to lift what would be their second consecutive Community Shield trophy. Pep Guardiola’s back-to-back league champions opened the scoring after 12 minutes when Raheem Sterling’s shot squirmed under Liverpool goalkeeper, Alisson. Liverpool came close

By Adedapo Adesanya  The Lagos State government has issued a six weeks ultimatum to trucks and other haulage vehicles to get necessary documents and ensure that they are road worthy condition to avoid punishment. The decision was reached at a stakeholder’s meeting with owners of trucks and articulated vehicles in Lagos on Friday. The Director, Vehicle Inspection Service, (VIS), Mr Akin George Fashola, said that there was an agreement among participants that a period of six weeks be given all stakeholders involved in haulage movement to revalidate their documentation and put their vehicles in a proper working condition, and that

By Modupe Gbadeyanka Mr Jordi Borrut Bel has been announced as the new Managing Director/CEO of Nigerian Breweries Plc. This appointment was announced in a statement issued on Monday by the company’s Corporate Affairs Adviser, Mr Kufre Ekanem. Mr Borrut Bel replaces Mr Johan Doyer, who has served as Managing Director/CEO of the firm on an interim basis since June 16, 2017. His appointment takes effect on January 22, 2018 and the Board of Directors of NB Plc has already informed the Nigerian Stock Exchange (NSE) of this change. Mr Borrut Bel is currently the Managing Director of HEINEKEN’s subsidiary

By Modupe Gbadeyanka Governor Ibikunle Amosun of Ogun State has assured current students of the Moshood Abiola Polytechnic (MAPOLY), Abeokuta, that the creation of the Moshood Abiola University of Science and Technology (MAUSTECH), as well as the Ogun State Polytechnic, Ipokia, will not in any way disrupt the existing academic calendar of their institution. Mr Amosun gave the assurance on Tuesday, while addressing students of MAPOLY, who staged a peaceful protest to his office, to express their grievances over the refusal of their lecturers to conduct their examination, three weeks after it was scheduled to hold. Describing the action of

By Aduragbemi Omiyale Former Pope Benedict XVI has died at the age of 95, a statement from the Vatican on Saturday has announced. The late pontiff was the first to resign from the position in about 600 years. The first in the history of the Vatican was Gregory XII in 1415. In 2005, Pope Benedict, born Joseph Ratzinger in Germany, became the oldest pope ever elected at 78, but in 2013, he stepped down on health grounds and remained at his Vatican residence, precisely at the Mater Ecclesiae monastery. “With sorrow, I inform you that the Pope Emeritus, Benedict XVI,

By Modupe Gbadeyanka Chelsea FC legend, Didier Drogba, is one of the latest celebrities on the Kirusa’s InstaVoice Channels service. This comes after a record of 23 million fan subscriptions and over 350 celebrity sign-ups across multiple network carriers in Africa and Latin America. The all-time top scorer and former captain of the Ivory Coast national team joined Kirusa’s InstaVoice Channels service that connects mobile users with their favourite celebs and notable personalities from all walks of life. Drogba, who is Chelsea’s fourth highest goal scorer of all time, while on the InstaVoice Channels Service will leave voice messages for

By Adedapo Adesanya The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has threatened to down tools over the sacking of its members by an oil firm, Fedoz Nigeria Limited. The oil workers union explained that Fedoz Nigeria Limited violated labour laws by terminating the appointments of four of its members who joined PENGASSAN, which according to them, is their inalienable rights as guaranteed in Section 40 of the Constitution of the Federal Republic of Nigeria. Speaking, the Assistant General Secretary of PENGASSAN, Port Harcourt Zone, Mr Tamuno Dappu, urged all its branch chairman and Chapter Chairman of

By Adedapo Adesanya  Standard Chartered Bank has reached an agreement to sell its subsidiaries in sub-Saharan Africa to Access Bank. The acquisition puts into motion a plan announced last year to divest those businesses. According to a statement on Friday, Standard Chartered will sell its shareholding in its subsidiaries in Angola, Cameroon, Gambia and Sierra Leone to Access. It will also sell its consumer, private and business banking business in Tanzania to Access Bank, a subsidiary of Access Holding Plc. In April 2022, Standard Chartered said that it would exit seven countries in Africa and the Middle East markets as